Finalists: Best Post-Acute/Senior Living – Walnut Crossing Assisted Living & Memory Care, Marysville, Ohio
Developer: NexCore Group LLC NexCore’s solution was able to deliver rates comparable to older facilities in the market; reduce FTE counts by reducing staff travel distance to dining areas;
Post-Acute & Senior Living: Chicago firm acquires three assisted living, memory care properties in Greater Dallas
GREATER DALLAS – The Dallas Business Journal reported Nov. 20 that Chicago-based CA Ventures and its CA Senior Living LLC have agreed to acquire three properties in suburbs north of Dallas.
Finalists: Best New Mob – Kaiser Permanente La Habra Medical Offices, La Habra, Calif.
Developer: Kaiser Foundation Health Plan Inc. Kaiser Permanente desired to build a collaborative and community based next generation ambulatory care design concept to support its Thrive branding campaign and serve as a model for future outpatient facilities in Orange County.
Finalists: Best Post-Acute/Senior Living – Grand Living at Lake Lorraine, Sioux Falls, S.D.
Developer: Ryan Companies US Inc. The project was delivered on time and on budget. Leasing is on track to achieve the assumed 24-month lease-up for 156 units, with 73 residents secured since March.
Finalists: HRE Executive of the year
John Thomas Chief Executive Officer, Physicians Realty Trust Among his many accomplishments in the healthcare real estate (HRE) sector, John Thomas’s latest role as the leader of Physicians Realty Trust has been one of dramatic activity.
REIT Report – Life sciences are a hit for Ventas
REIT says it had a strong Q3, fueled by same-store NOI growth in all property types By John B. Mugford Chicago-based Ventas Inc. (NYSE: VTR) had a strong third quarter (Q3) of 2017, company officials say, because of the continued diversification of its portfolio, the strength of the properties it owns and operates, the partnerships […]
Finalists: Best Inpatient Facility – Beacon Children’s Hospital, South Bend, Ind.
Developer: Beacon Health System The new $50 million, 100,000 square Beacon Children’s Hospital recently opened on the Memorial Hospital campus and is now serving residents from 15 counties in Indiana and Michigan.
Finalists: Best New Mob – Drexel Town Square Health Center, Oak Creek, Wis
Developer: HSA PrimeCare Froedtert Health and the Medical College of Wisconsin sought to enhance their presence in the south metro Milwaukee market by creating a premier multi-specialty destination medical facility.
Companies & People: Hammes lands big job in Cleveland
Firm will be the owner’s rep for $1 billion Metro Health campus transformation By John B. Mugford Since its founding in 1991, Brookfield, Wis.-based Hammes Company has managed more than 57 million square feet of healthcare project expansions, renovations, replacements and greenfield campus development projects valued at more than $23 billion.
Finalists: Best Inpatient Facility – Dell Seton Medical Center, Austin, Texas
Developer: Seton Healthcare Seton Healthcare has opened a new $310 million, 517,000 square foot hospital on the University of Texas campus in Austin to replace the aging University Medical Center Bracken ridge.
Finalists: Best New Mob – Shriners For Children Medical Center, Pasadena, Calif.
Developer: Shriners Hospital for Children The new Shriners for Children Medical Center, which opened in February, is half the size of the existing Los Angeles location yet is able to service three times the number of patients, and is now current with state OSHPD requirements (unlike its existing 60-year old facility).
Finalists: HRE Executive of the year
Courtney Hanfland System Director, Real Estate Transactions, Catholic Health Initiatives Courtney Hanfland has made her mark as one of the most visible health system real estate executives since joining Catholic Health Initiatives (CHI) in 2013,
Inpatient Projects: Inova hospital in Landsdowne, Va., breaks ground on 366,000 square foot tower
LANDSDOWNE, Va. – Officials recently broke ground on a new 366,000 square foot patient tower at the main campus of Inova Loudoun Hospital in Landsdowne, about 30 miles northwest of Washington, D.C.
Finalists: Renovated/Repurposed – Monongahela Valley Hospital HealthPlex, Belle Vernon, Pa.
Developer: Monongahela Valley Hospital The renovations were completed this fall. The MVH HealthPlex, which is highly visible and easily accessible from Route 51, is now one of the most advanced, medically integrated health and fitness facilities in the region.
Industry Pulse: Convergence of Bond Yields Continues
Taxable financing is looking comparatively more attractive How do taxable and tax-exempt rates compare today as a result of the recent headlines surrounding tax reform?